Leading Fast Food End Use Markets Databank
The Fast Food market was valued at $530,960.0 Million in 2020, and is projected to reach $917,110.1 Million by 2029 growing at a CAGR of 6.30% from 2021 to 2029. Quick Service Restaurants segment is expected to be the highest contributor to this market, with $265,963.2 Million in 2020, and is anticipated to reach $457,759.4 Million by 2029, registering a CAGR of 6.26%. Quick Service Restaurants and RoW Countries segments collectively expected to account for about 50.1% share of the Fast Food market in 2020, with the former constituting around 50.1% share. Quick Service Restaurants and Brazil segments are expected to witness significant growth rates at a CAGR of 6.26% and -100000.00% respectively, during the forecast period. Presently, share of these two segments is estimated to be around 50.2% in the overall Fast Food market in 2020, and is anticipated to reach 50.0% by 2029.
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